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Jenna Greene
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D.C. Circuit Revives Lobbyists' Fight Over Obama Ban
A federal appeals court opened the door for registered lobbyists to serve on agency boards and commissions, contravening President Barack Obama's 2010 order banning lobbyists from such positions. The U.S. Court of Appeals for the D.C. Circuit reversed and remanded... Continue reading
Posted Jan 17, 2014 at The BLT: The Blog of Legal Times
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Apple to Refund $32M to Settle FTC Charges
Apple Inc. will pay at least $32.5 million in consumer refunds to settle Federal Trade Commission allegations that it wrongly billed parents millions of dollars for unauthorized charges incurred by their children in kids' mobile apps. The company, which settled... Continue reading
Posted Jan 15, 2014 at The BLT: The Blog of Legal Times
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Bank Groups, CFTC Spar over Swaps Rules
Setting the stage for what's likely to be a knock-down fight, financial industry lawyers led by Gibson Dunn & Crutcher partner Eugene Scalia faced off in court Tuesday against counsel for the U.S. Commodity Futures Trading Commission over rules governing... Continue reading
Posted Jan 15, 2014 at The BLT: The Blog of Legal Times
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The Morning Wrap
A Big Enough Pot? A federal judge in Philadelphia is questioning whether a proposed $765 million settlement of NFL concussion claims will be enough money to cover 20,000 retired players. According to the Associated Press, Sol Weiss, a lead lawyer... Continue reading
Posted Jan 15, 2014 at The BLT: The Blog of Legal Times
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SEC Strikes Out Again in Court
The U.S. Securities and Exchange lost its fourth trial in four months when a federal judge in Atlanta ruled against the agency in an insider-trading case. U.S. District Judge William Duffey, Jr. this week took the SEC to task for... Continue reading
Posted Jan 10, 2014 at The BLT: The Blog of Legal Times
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Venable Hires Top Auto Safety Regulator
UPDATED AT 4:30 The nation's top auto safety regulator has joined Venable as a partner, the firm announced today. David Strickland has headed the National Highway Traffic Safety Administration since January 2010, where he oversaw the development of the first... Continue reading
Posted Jan 8, 2014 at The BLT: The Blog of Legal Times
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The Morning Wrap
JPMorgan CriminalSettlement: JPMorgan Chase Bank and Southern District U.S. Attorney Preet Bharara on Tuesday announced a record $1.7 billion forfeiture and a two-year deferred prosecution agreement for the bank's role as Bernie Madoff's banker, The New York Law Journal reports.... Continue reading
Posted Jan 8, 2014 at The BLT: The Blog of Legal Times
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SEC Enforcer Canellos to Step Down
George Canellos will step down as co-head of the Enforcement Division at the U.S. Securities and Exchange Commission later this month, the agency announced today. Canellos and Andrew Ceresney made history last year when the two were named co-heads of... Continue reading
Posted Jan 3, 2014 at The BLT: The Blog of Legal Times
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For EEOC, a Mixed Bag in 2013
The U.S. Equal Employment Opportunity Commission in 2013 increased its focus on cases involving systemic discrimination, disability discrimination and pregnancy discrimination, but had mixed results in court and saw a dip in monetary penalties it recovered, according to a report... Continue reading
Posted Jan 3, 2014 at The BLT: The Blog of Legal Times
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FTC Approves Three Mergers With Conditions
The Federal Trade Commission will end the year with a bang, requiring divestitures to approve three pending mergers, including Fidelity National Financial Inc.'s $2.9 billion purchase of Lender Processing Services Inc. The agency also put conditions on a $1.4 billion... Continue reading
Posted Dec 27, 2013 at The BLT: The Blog of Legal Times
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Auto Lender to Pay $100M for Unintentional Discrimination
A major auto lender will pay nearly $100 million to settle charges by the Consumer Financial Protection Bureau and the U.S. Department of Justice that it unintentionally discriminated against minority borrowers, charging them more for loans than white applicants with... Continue reading
Posted Dec 20, 2013 at The BLT: The Blog of Legal Times
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Consumer Agency, 49 States Win $2B in Relief for Homeowners
Citing "systemic misconduct at every stage of the mortgage servicing process," the Consumer Financial Protection Bureau, 49 states and the District of Columbia will require one of the country's largest mortgage loan servicers to provide $2.1 billion in relief to... Continue reading
Posted Dec 19, 2013 at The BLT: The Blog of Legal Times
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JPMorgan, FDIC Clash Over Washington Mutual Liabilities
Like a multi-billion dollar game of hot potato, JPMorgan Chase & Co. on Tuesday sued the Federal Deposit Insurance Corp., arguing that the bank regulator is on the hook for massive liabilities incurred by Washington Mutual Inc. JPMorgan bought the... Continue reading
Posted Dec 18, 2013 at The BLT: The Blog of Legal Times
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The Morning Wrap
Ghost Clients: BP on Tuesday sued Texas plaintiffs lawyer Mikal C. Watts in New Orleans federal court, claiming "brazen fraud," and alleging that he claimed to represent tens of thousands of clients who turned out to be "phantoms," The New... Continue reading
Posted Dec 18, 2013 at The BLT: The Blog of Legal Times
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Former FERC Chair Joins Stoel Rives
Former Federal Energy Regulatory Commission chairman Jon Wellinghoff has joined Stoel Rives as a partner, working out of the nearly 400 lawyer firm's offices in Washington and San Francisco. The longest-serving chair in FERC history, Wellinghoff headed the agency from... Continue reading
Posted Dec 17, 2013 at The BLT: The Blog of Legal Times
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Health Care Web Contractor Agrees to Release Documents to Congress
A contractor that worked on the Obama administration's health care website agreed to turn over documents subpoenaed by the House Committee on Oversight and Government Reform, determining that a request by the Department of Health and Human Services to keep... Continue reading
Posted Dec 13, 2013 at The BLT: The Blog of Legal Times
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Consumer Agency Finds Arbitration Agreements Unpopular, Confusing
The Consumer Financial Protection Bureau today released a report looking at the use of arbitration agreements in consumer financial products, finding that roughly nine out of 10 clauses allow banks to prevent consumers from participating in class actions, and that... Continue reading
Posted Dec 12, 2013 at The BLT: The Blog of Legal Times
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Ropes & Gray Snags Health Care Partner from Hogan
Prominent health care specialist Thomas Bulleit has quit Hogan Lovells to join Ropes & Gray as a partner, where he will head the Boston-based firm's health care practice in Washington. Bulleit’s focuses on legal and regulatory compliance across multiple industries,... Continue reading
Posted Dec 11, 2013 at The BLT: The Blog of Legal Times
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The Morning Wrap
Budget Deal: In a rare display of bipartisan cooperation, House and Senate negotiators unveiled an $85 billion agreement late Tuesday to fund federal agencies through the fall of 2015. The Pentagon would get a $2 billion increase over last year,... Continue reading
Posted Dec 11, 2013 at The BLT: The Blog of Legal Times
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GE to Issue $34M in Refunds for Health Care Credit Card
The Consumer Financial Protection Bureau today ordered GE Capital Retail Bank and its subsidiary, CareCredit, to refund up to $34.1 million to potentially more than 1 million consumers who paid sky-high interest rates for credit cards to cover health care... Continue reading
Posted Dec 10, 2013 at The BLT: The Blog of Legal Times
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Criminal Defense Lawyers Criticize Stop-and-Frisk Policies
Stop-and-frisk policies are damaging and need retooling, a panel of criminal defense lawyers and legal scholars agreed Friday at an event aimed at shedding light on racial and ethnic disparities in the criminal justice system. "Police interaction with citizens is... Continue reading
Posted Dec 6, 2013 at The BLT: The Blog of Legal Times
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At Telecom Prom, New FCC Chair Keeps 'Em Laughing
Among the leaders of federal regulatory agencies, the chairman of the Federal Communications Commission has a unique job requirement: He has to be funny - at least for one night. New FCC chair Tom Wheeler gamely rose to the occasion... Continue reading
Posted Dec 6, 2013 at The BLT: The Blog of Legal Times
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Financial Institutions Boutiques in D.C. to Merge
Two financial institutions boutiques in Washington - Silver, Freedman & Taff and Elias, Matz, Tiernan & Herrick - are merging on Jan. 1, the firms announced today. The new 20-lawyer firm, to be known as Silver, Freedman, Taff & Tiernan,... Continue reading
Posted Dec 4, 2013 at The BLT: The Blog of Legal Times
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SEC Strikes Out in Court in Kansas Fraud Case
The U.S. Securities and Exchange Commission came up empty-handed after a nearly three-week trial in federal court in Kansas when a jury rejected all 12 of the agency's claims against Stephen Kovzan, chief financial officer of NIC Inc. The SEC... Continue reading
Posted Dec 4, 2013 at The BLT: The Blog of Legal Times
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The Morning Wrap
Mega-Fines: Global fines for rate-rigging reached $6 billion today, with Deutsche Bank AG and Royal Bank of Scotland Group Plc among six companies fined a record 1.7 billion euros ($2.3 billion) by the European Union for rigging interest rates linked... Continue reading
Posted Dec 4, 2013 at The BLT: The Blog of Legal Times
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